Bajaj Finserv Q3 Updates: General Insurance Premium At Rs 1,331 Crore
Bajaj Finserv Ltd. released a business update ahead of its December quarter earnings. Its subsidiaries, Bajaj Allianz General Insurance Co. and Bajaj Allianz Life Insurance Co., reported premiums of Rs 1,331 crore and Rs 1,055 crore, respectively, for the month. For the April–December period, the general insurance arm’s cumulative premium was Rs 17,112.4 crore, while the life insurance segment reported Rs 8,503.9 crore. In Q2 FY24, Bajaj Finserv’s consolidated net profit increased by 8% year-on-year to Rs 2,087 crore, with total income rising 30% to Rs 33,704 crore.
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